German insurers expect lower premium income growth for 2024 due to challenges in sector

From Investing.com: 2024-07-08 02:05:39

German insurers anticipate a 2.8% increase in premium income for 2024 due to challenges in the life insurance sector and delayed interest rate improvements. The German Insurance Association had previously forecasted a 3.8% jump. Expectations are for premium income to grow between 3.1% and 5.5% in 2025 according to the GDV’s half-yearly outlook report.



Read more at Investing.com: German insurers’ body cuts growth outlook for 2024 premium income By Reuters